myFICO Score Watch with FICO Email Alerts - Review

Score Watch is the set-it-and-forget-it credit score product. This product is a subscription service which unlike many monitoring services pushes FICO credit score updates to you in the form of email and SMS cell text messages.

Typically, a consumer will start using this product by pulling one of the 2 reports available, leaving the 2nd one for a later date. Once you get your report, the Score Watch platform keeps a history of your credit scores going forward and is checking to see when your score changes. But it also allows you to be notified in you change interest rate qualifying bands.

Company was smart about security in that you get alerts that say “ your score is increased by 11 points” instead of saying “your new score is 726”. This is nice should your email or cell phone be compromised at some point.

This is a great product for someone looking to find out exactly when their score peaks to apply for loans at the best time. It also works well as an ID theft product as ID theft would lead to a noticeable score alert.

myFICO Suze Orman FICO Kit - Review

Suze Orman’s FICO Kit was developed to provide more assistance to a large part of the consumer market which needs more coaching.  Essentially, it’s the same product base as the FICO Complete in that it features 3 FICO Scores and 3 credit reports from the 3 bureaus.

But, it takes this base product and expands the flexibility to that you can pull 3 reports from any of the 3 bureaus at any time.  So instead of getting all 3 scores at once, you can wait and pull one now and one in a few months.  Plus, the product can be shared across family members.

Suze wouldn’t be Suze if she didn’t offer advice, and she’s done a great job of organizing the product around the action planner.  This includes dispute assistance, the debt eliminator, a mortgage payment watcher and the InfoVault.    The Dispute tool is neat as it has a simple process to generate a letter.  The debt eliminator is a great tool to help you negotiate with credit card companies for better rates and develop an action plan.

Next Page »